HomeMy WebLinkAbout0342 an~ sl~a~~ ~er~o~m. comply iuifh a?it1 a6ide by each an~~ ei~ery I~e agreemernls, itipu~alion's, conc~itions anc~
co~~enanfs t{~ereo(, an~ o~ t~~is morlpalle. f~ien fhis mortf~age a~d thP pstnfe hereby creafecr, stia~~ cease, [~e-
termine and 6e null an~l ~~oid. • `
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~nd Ihe mortgu~o~ here6y (urther covenanl~ aid ag?ees lo pay promptly when due the principal and }
inferesl and ofher sums o~ moriey pro~~ided jor in saic~ note nnd t~is morfgage, or eiftier:_ fo ~y ali and
sinflular 1he laxes, assessments, levies. Iia6ililies, obli~alions, ond encum6ronce: o( every nature on said pro-
pe?fy: to permil. commif or suj~er no u~aste, impuirment or deierio?ation o( said ~and or fhe improvemenls
fhvrnc>n nt any fime: fo ~PPP IIIP hui~~~inf~s now or h~rea(ter on saic~ ~an~ ~u~~y insurec~ in a sum oJ not ~ess
~i~an full insurable value
in a compnny or companies accrptable to fhe morlga~ee, the policy or policies to 6e held 6y, and payable
to, saic~ morigagee, anc~ in 1{~e evenf nny sum of money becomes payab~e bv virfue o! suc{~ insurance Ihe
morfflac~Pe shall flqt~R the right to ?eceive and opply the same to the inde6tedness here6y secured, accounting
fo the morlga~or for any surp~us: to pay a~~ cosfs, charges, and expenses. including ~awyer~s fees and til~e
searcties, reasonnE~~y incurrec~ or ~a~d 6y ~hp mortgagee hpc-ause oj f/~e (ailure ol ff~e mortgngor !o prompt~y
ant~ ju~~y c~omply u~il1? the ag~eemenls, sfipu~aiions, con~ifions an~I coa~enanls oJ said note and this mortgage.
or eit{~er, to perform, comply with and abic~e by en~i~ anc~ every tl~e agree.ments, stipu~ations, condilions and
covenanls sPt Jorfh irt said nole and lhis mortgage or either. In the enent the morlgagor (nila to pay u~hen
c~ue any Inx, nssessmenl, insuran~e premium or of~Pr sum o~ money payahle 6y uirlue o~ saicr note anc~ f{~is
mort{~age, or eit~~~r. Ihe mortgagee may p~y !tie same, wit~ouf waiving or ajJecting fhe oplion fo ~orec~ose
or any otl~er right herpunc~er, and aII sucl~ payments sI~aII hear intpresf from date lhereof at 1{~e l~igl~est ~aw-
(u~ rnfe t~~en ~Ilo«•~! by ihp ~aws oJ t{~e $fafe o~ Floric~a.
~l nny sum oj mon~) I~erein re~P~fP~ IO he nof prompl~y pai~ within 3~ days next ajter
t~ie same ~~ecomes ~ue, or i~ enc~~ nncl every Ihe agreementsr slipulafiorts, rnnclifions an~ conenants o~ saic~
note and Il~is morl~aye, or ~ilher, are not ~ully per~ormed, complied wit1~ anc~ a6ided by, then the entire
sum m~ntionecl in said nole. anc~ Ihis mortgage, or the entire ba~ance unpnid ti~ereon, shtt~~ forfl~witl~ or
lhpreaf ter, ~t Ih~ oplion oJ ll~e mortga~ee, become un~ 6e due and pnya6le, anything in said note or herein
to f~~e confrnrv nofu~ithstandinq. Failur~ 6y IF~e morlflagep fo exercise nny of f~e righls or opftons tierein
proniclec~ shall nof conslifofp Q U~Atl~P/ O~ any rig{~Is or options under sai~ note.or this morfgage nccruec~ or
therea(!~r act-rui?tt~.
~n ~itness ~~rLO~~ f~+P sai~ morfga,qor 6ns hereunlo signe~ una sealed these presents fhe
~ay an~~ y~ar (irst a6o~~e u+ritlen.
$ignec~. sea~P~ unc~ ~~~i~~Prnc~ in t{~e pr~sc~nce o~:
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f . .OBERT P. PaWELEIT
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= CAROLE E. PahTELEIT .
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~ STATE OF FI.ORiDA, ~
~ coc~TV ~F SAINT LUCI E
~ I HEREBS' CERTIFY that on this day. beforc me, an
~ o[ficer duls autborized in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowledgments, pcnonally appeared
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~ ~,~~QgBgT p~ POhTELEIT and CAROLE E. POWELEIT
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~ ~~t~ •tnc ~knoNp~ tfF the person $ describ~d in and who ex~cuted the (or~qoinq instrumrnt and they acknowkdged ~
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~ ~ .~fZje1 e~~t4at ~:t~Y ~xccuted the same.
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- r+KIR~ESS my_hand and of(icial seal in thc County a tate last aforesaid th' day of
~-~J 74.
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'''~~.~,~..~,~~iotary P;?~i~c. S:a'_~ ~3 NOTARY P LIC '
_ - ~ ~Ay Commissio~ E ~.F r.~5 _ r'.- - . J
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"``6 fILEO ~N: °ECORDEp
SL~UCiE C~UMTY FLA.
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R6CCP POiTRAa
CIER!( ~tP:CUt~T COUR1 ~ 1 '
_ RFCOP.D YE.°.=~:~ ~
= Art 15 10 Os AH'1~1
'Y° Tlrij hrurr~arc~r~ prcpnr~d by: Devitt J. Adams .
='~s p o sox 3937 2'79341
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- Fort Pierce, FL 33450
a~ 226 ~f 3~2 ~
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